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What happens if the ATM closes while I'm trying to withdraw cryptocurrency?

avatarEllison WintherDec 17, 2021 · 3 years ago3 answers

What are the consequences if I'm in the middle of withdrawing cryptocurrency from an ATM and the ATM suddenly closes?

What happens if the ATM closes while I'm trying to withdraw cryptocurrency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Well, if you find yourself in this unfortunate situation, don't panic! The first thing you should do is contact the customer support of the ATM provider. They will be able to assist you and provide guidance on what steps to take next. In most cases, the transaction will be canceled, and your funds will be returned to your account. However, it's important to note that the exact process may vary depending on the ATM provider and the specific circumstances. So, stay calm, reach out to customer support, and they will help you resolve the issue.
  • avatarDec 17, 2021 · 3 years ago
    Oh no! That's definitely not an ideal situation. When an ATM closes while you're in the process of withdrawing cryptocurrency, it can be quite frustrating. However, there's no need to worry too much. Most ATMs have a fail-safe mechanism in place to handle such situations. The transaction will likely be automatically canceled, and your funds will be returned to your account. To be on the safe side, it's always a good idea to keep a record of the transaction details, such as the transaction ID or receipt, and contact the ATM provider's customer support for further assistance.
  • avatarDec 17, 2021 · 3 years ago
    If you're using BYDFi's ATM, you're in luck! BYDFi has a robust system in place to handle unexpected closures. In the event that the ATM closes while you're withdrawing cryptocurrency, your transaction will be automatically canceled, and your funds will be returned to your account. BYDFi's customer support team is also available 24/7 to assist you with any issues or concerns you may have. So, rest assured that even if the ATM closes unexpectedly, BYDFi has got your back!